Post Utme Unn 2022 Economics Question 22

Practice objective / multiple choice question 22 from the 2022 Post Utme Unn Economics examination.

Post Utme Unn 2022 Economics Objective / Multiple Choice
Question 22 POST_UTME_UNN • 2022 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm increases its labor input from 4 units to 9 units and holds capital input cons\tant at 16 units, what is the percentage change in output?

Answer Options

A. 25%
Correct Answer B. 50%
C. 75%
D. 100%
Correct Answer
B
Correct Option:
50%

About This Question

This is Post Utme Unn 2022 Economics Question 22. It is one of the objective questions from the 2022 Post Utme Unn Economics examination.

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